This week was yet another quiet week for the stock market.
As I’m sure you know there are two major variables preventing stocks from advancing. The first is the lack of another covid relief package designed to stimulate the U.S. economy. The second variable is the uncertainty of the U.S. Presidential election. Until either or both of these issues have been resolved I expect stocks to remain in a tight trading range.
What’s the best stock trade in current market conditions?
I highly recommend selling 30 day, out of the money covered calls at this time.
Stay Patient, Stay Positive!
Tyrone Jackson
The Wealthy Investor
